News

CBO estimates tariffs could reduce federal deficits by $2.8 trillion
The Congressional Budget Office estimated that President Donald Trump's tariffs could reduce federal deficits by $2.8 ...
House reconciliation bill would increase budget deficits by $2.3 trillion over a decade: CBO
The One Big Beautiful Bill Act, backed by President Trump and Republicans, would add $2.3 trillion to budget deficits, ...
16 million lose insurance under budget bill, other policies: CBO
Estimate comes as Senate Republicans began conference-wide briefings Wednesday on how they plan to modify the $2.4 trillion ...
The nonpartisan Congressional Budget Office said tariffs would reduce the purchasing power of households overall.
WASHINGTON (AP) — President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period ...
The White House’s disingenuous claim about CBO’s political leanings
What the White House calls a “verifiable fact” is a nonsense fact.
PBS1d
What is the CBO? A look at the budget office in the middle of the debate over Trump’s big bill
Lawmakers established the Congressional Budget Office more than 50 years ago to provide objective, impartial analysis to support the budget process. The CBO is required to produce a cost ...
CBO says Republican megabill will add $2.4 trillion to deficit
The new numbers were much anticipated given this is the first time that Congress’ nonpartisan scorekeeper has released numbers on the full bill.
GOP beats down key budget office over tax plan projections
Republicans are using Congress’s official budget scorer as a whipping boy, as they argue a major package of President Trump’s tax priorities is costless, despite multiple projections placing ...